BOEG vs. AMDG

Last updated Aug 2, 2026

BOEG (Leverage Shares 2X Long BA Daily ETF) and AMDG (Leverage Shares 2X Long AMD Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. Over the past year, BOEG returned -24.14% vs 319.90% for AMDG. Their 0.28 correlation means their historical movements had little consistent relationship. Both charge a 0.75% expense ratio.

Performance

BOEG vs. AMDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long BA Daily ETF (BOEG) and Leverage Shares 2X Long AMD Daily ETF (AMDG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BOEG achieves a -13.15% return, which is significantly lower than AMDG's 230.68% return.

BOEG

• 1D: -4.54%
• 1M: -10.23%
• 6M: -23.91%
• YTD: -13.15%
• 1Y: -24.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -6.40%

AMDG

• 1D: -3.81%
• 1M: -20.14%
• 6M: 179.34%
• YTD: 230.68%
• 1Y: 319.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 243.04%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AMDG Leverage Shares 2X Long AMD Daily ETF	$8.00M	$7.90M	$8.98M
BOEG Leverage Shares 2X Long BA Daily ETF	$765.58K	$551.79K	$570.86K

BOEG vs. AMDG - Yearly Performance Comparison

	2026 (YTD)	2025
BOEG Leverage Shares 2X Long BA Daily ETF	-13.15%	6.85%
AMDG Leverage Shares 2X Long AMD Daily ETF	230.68%	155.84%

Correlation

The correlation between BOEG and AMDG is 0.29, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.29
Correlation (All Time) Calculated using the full available price history since Jun 13, 2025	0.28

Return for Risk

BOEG vs. AMDG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BOEG

BOEG Risk / Return Rank: 6
BOEG Sharpe Ratio Rank: 6
BOEG Sortino Ratio Rank: 8
BOEG Omega Ratio Rank: 8
BOEG Calmar Ratio Rank: 5
BOEG Martin Ratio Rank: 5

AMDG

AMDG Risk / Return Rank: 86
AMDG Sharpe Ratio Rank: 88
AMDG Sortino Ratio Rank: 85
AMDG Omega Ratio Rank: 82
AMDG Calmar Ratio Rank: 95
AMDG Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BOEG vs. AMDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BA Daily ETF (BOEG) and Leverage Shares 2X Long AMD Daily ETF (AMDG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BOEG	AMDG	Difference
Sharpe ratio: Return per unit of total volatility	-0.37	2.10	-2.47
Sortino ratio: Return per unit of downside risk	-0.15	2.81	-2.96
Omega ratio: Gain probability vs. loss probability	0.98	1.35	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.52	5.31	-5.83
Martin ratio: Return relative to average drawdown	-0.94	9.98	-10.91

BOEG vs. AMDG - Sharpe Ratio Comparison

The current BOEG Sharpe Ratio is -0.37, which is lower than the AMDG Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of BOEG and AMDG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BOEG vs. AMDG - Drawdown Comparison

The maximum BOEG drawdown since its inception was -46.47%, smaller than the maximum AMDG drawdown of -63.32%. Use the drawdown chart below to compare losses from any high point for BOEG and AMDG.

Drawdown Indicators

	BOEG	AMDG	Difference
Max Drawdown Largest peak-to-trough decline	-46.47%	-63.32%	+16.85%
Max Drawdown (1Y) Largest decline over 1 year	-46.13%	-56.48%	+10.35%
Current Drawdown Current decline from peak	-34.79%	-37.43%	+2.64%
Average Drawdown Average peak-to-trough decline	-20.85%	-25.05%	+4.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.64%	29.98%	-4.34%

Volatility

BOEG vs. AMDG - Volatility Comparison

The current volatility for Leverage Shares 2X Long BA Daily ETF (BOEG) is 22.02%, while Leverage Shares 2X Long AMD Daily ETF (AMDG) has a volatility of 49.04%. This indicates that BOEG experiences smaller price fluctuations and is considered to be less risky than AMDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOEG	AMDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.02%	49.04%	-27.02%
Volatility (6M) Calculated over the trailing 6-month period	49.17%	113.22%	-64.05%
Volatility (1Y) Calculated over the trailing 1-year period	65.14%	142.79%	-77.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.47%	135.20%	-70.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.47%	135.20%	-70.73%

BOEG vs. AMDG - Expense Ratio Comparison

Both BOEG and AMDG have an expense ratio of 0.75%.

Dividends

BOEG vs. AMDG - Dividend Comparison

BOEG has not paid dividends to shareholders, while AMDG's dividend yield for the trailing twelve months is around 3.39%.

Position	TTM	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	3.39%	11.21%
BOEG Leverage Shares 2X Long BA Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BOEG and AMDG in my portfolio?

BOEG and AMDG have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BOEG or AMDG?

AMDG has higher volatility (49.04%) compared to BOEG (22.02%). In terms of maximum drawdown, BOEG dropped -46.47% vs AMDG's -63.32%.

Which ETF is better, BOEG or AMDG?

On 1-year performance, AMDG leads with 319.90% vs -24.14% for BOEG. Both ETFs have the same 0.75% expense ratio. On volatility, BOEG has been the lower-risk option at 22.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BOEG or AMDG?

Over the 1-year period, AMDG has performed better with a 319.90% return vs -24.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BOEG or AMDG?

BOEG and AMDG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, BOEG or AMDG?

AMDG has the higher dividend yield at 3.39%, compared with 0.00% for BOEG.

Which has better risk-adjusted returns?

AMDG currently has the higher Sharpe Ratio (2.10 vs -0.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.